General Trust Account
Legal control
of assets
For clients whose profession requires them to hold funds on behalf of a third party, e.g. sheriffs of the court; accountants; debt collectors and estate agents/managing agents
How it works
Protect + control trust funds
FNB's Trust account serves as a secure repository for third-party funds, ensuring they're managed responsibly. Without cards or overdrafts, it prevents unauthorised access or spending. The account is also interest bearing.
What's hot
Benefits to your business
An account that offers you features to suit your business.
Clear audit trail
There is a clear audit trail of all credit interest, transaction costs and VAT to assist clients when they are required to account for them.
Trust-specific fees
The fee structure on the trust account is catered to the holding of trust money.
Statement reconciliation
All transactions are reflected on the bank statements for ease of reconciliation.